About Our Profession

The real property market is a key building block of the Canadian economy and affects every segment of our society. Unbiased and dependable valuations are critical to the decision-making processes of individuals, businesses, and governments when conducting real property transactions. Appraisal Institute of Canada Designated Members are real estate appraisal professionals who play a direct and vital role in the real estate sector. That role is to determine, report upon, and attest to the real value of property. Their valuation is the foundation upon which informed decisions about real estate are made – whether by a family purchasing its first home, a farmer selling a piece of acreage, a retailer deciding where to locate its next outlet, a developer considering an empty lot, or a lawyer defending or prosecuting a case.

SERVICES OFFERED BY AIC-DESIGNATED APPRAISERS

An AIC-designated appraiser can be engaged when:

renovating, building, buying or selling property

financing or refinancing property

making real estate investment decisions

reviewing property tax assessments

assessing capital gains

making a claim for insurance purposes – resulting from fire, rain, hail, windstorms and other disasters

determining or facing expropriation compensation

valuing property for matrimonial purposes, arbitration or other litigious matters

business mergers, acquisitions or dissolutions involving real estate

valuing private property acquired by governments for public use

AIC-designated appraisers are trained to complete appraisal, review, consulting and reserve fund planning assignments within their area of competence. This may include: